Business news from Ukraine

Business news from Ukraine

Farmers in Romania and Bulgaria protest over surplus grain from Ukraine – Associated Press

9 April , 2023  

Farmers in Romania and Bulgaria staged protests Friday against the European Union’s decision to exempt agricultural products from Ukraine from duties, which ended up oversaturating local markets and contributing to lower prices, the Associated Press (AP) reported Friday.
“Farmers in Romania and Bulgaria staged protests Friday over the European Union’s stance on excessive supplies of Ukrainian agricultural products that have flooded local markets and weakened prices,” AP reported.
Protests took place in Bucharest and other Romanian cities. In Bulgaria, farmers blocked several border points.
“The new harvest is less than three months away and there is a danger that produce cannot be sold above the production price,” AP quoted Liliana Peron, executive director of the Romanian Farmers’ Association, as saying.
Polish farmers have also protested in recent weeks over duty-free supplies of Ukrainian grain to European markets adopted by the EU, forcing the country’s Agriculture Minister Henrik Kowalczyk to resign.
Last year, the EU abolished customs tariffs for Ukraine for freer grain shipments.
On Monday, the European Commission said it wanted to help the Ukrainian population by organizing the export of Ukrainian grain, but it is making sure that the EU market is not hit too hard by Kiev’s support measures.

, , , ,